Boeing turns down offer to sell the United Launch Alliance to Aerojet Rocketdyne

Boeing has rejected the offer of rocket engine maker Aerojet Rocketdyne to purchase the United Launch Alliance (ULA) the premier rocket launch provider for the United States Air Force. Boeing is one of the parent companies of ULA, along with Lockheed Martin, and executives for the company say they are completely uninterested in handing the rocket venture over to someone else. "The unsolicited proposal for ULA is not something we seriously entertained," Boeing spokesman Todd Blecher said, according to Reuters.